The African Export-Import Bank (Afreximbank) has given a major financial boost to Dangote Industries Limited (DIL) by approving a $1.35 billion loan facility to support its massive refinery project. This …
Trade and Commerce
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BankingEconomyEnergyFinance & ServicesInfrastructureNigeriaOil & GasTrade and Commerce
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AviationEconomyInfrastructureTrade and CommerceTravel & TourismZIMBABWE
Zimbabwe Flight Numbers Drop 42% in Early 2025
Zimbabwe recorded a sharp 42% drop in flight numbers during the first quarter of 2025, according to a new report by the Zimbabwe National Statistics Agency (ZimStat). The agency revealed …
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EconomyGOVERNMENTTrade and CommerceWestern Africa
Nigeria, Benin Agree on Joint Trade Framework to Tackle Border Bottlenecks
Nigeria and the Republic of Benin have reached a landmark agreement to create a joint trade framework aimed at removing trade barriers, improving logistics, and deepening economic cooperation between the …
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CommoditiesEconomyFinance & ServicesGOVERNMENTInternational AffairsTrade and Commerce
Ghana Records $5.57 bn Trade Surplus in H1 2025
Ghana’s economy recorded a major boost in the first six months of 2025, as the country posted a trade surplus of $5.57 billion, according to fresh data from the Bank …
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Business and EconomyDevelopmentGovernanceMaritimeTrade and Commerce
Maritime Trade Tops Agenda at ICC Nigeria’s 26th AGM
The International Chamber of Commerce (ICC) Nigeria has announced that it will hold its 26th Annual General Meeting (AGM) on Thursday, 31st July 2025, in Lagos. This year’s event will …
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AfricaGhanaInnovationINVESTMENTTechnologyTrade and Commerce
Singapore Woos Ghanaian Businesses for Trade, Tech, and Innovation Partnerships
Singapore is urging Ghanaian businesses to tap into new opportunities for investment, trade, and technology partnerships, as it looks to strengthen economic ties with Africa. The call came during a …
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Banking, Finance & InvestmentBusinessEconomyInnovationInternational RelationsTrade and Commerce
FCMB, ICC Nigeria Call for Sustainable Solutions to Boost Nigerian Businesses in Global Trade
First City Monument Bank (FCMB) and the International Chamber of Commerce Nigeria (ICCN) Banking Commission have jointly called for sustainable strategies that will empower Nigerian businesses to seize global trade …
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BusinessEconomyInfrastructureNewsNigeriaOil & GasTrade and Commerce
Dangote Blames Oil Firms as Refinery Imports Crude from Abroad
Africa’s richest man, Aliko Dangote, has revealed that his refinery currently imports between 9 and 10 million barrels of crude oil every month from the United States and other countries …
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AfricaEconomyEnergyInfrastructureINVESTMENTTrade and Commerce
Zambia to Build $1.1 Billion Oil Refinery with China’s Help
Zambia has signed a $1.1 billion deal with China’s Fujian Xiang Xin Corporation to build a large-scale crude oil refinery that will slash fuel imports and position the country as …
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BusinessDangote IndustriesEnergyOil & GasTrade and CommerceWestern Africa
Dangote Cries Out Over Crude Scarcity
President of Dangote Group, Aliko Dangote, has raised alarm over challenges facing his $20 billion Dangote Refinery, including difficulty accessing crude oil from Nigerian producers, leading the facility to import …